Comments on: Why FHA could be the loan to help you this year http://blownmortgage.com/2008/08/26/why-fha-could-be-the-loan-to-help-you-this-year/ #1 Free Home Loan Modification & Debt Relief Help For US Home Owners - Truths, Facts & News About the Mortgage Industry Sat, 07 Nov 2009 02:53:18 -0700 http://wordpress.org/?v=2.8.3 hourly 1 By: Joe Olvera http://blownmortgage.com/2008/08/26/why-fha-could-be-the-loan-to-help-you-this-year/comment-page-1/#comment-12599 Joe Olvera Tue, 21 Oct 2008 19:27:24 +0000 http://blownmortgage.com/?p=1241#comment-12599 You are wrong about the new mortgage insurance changes. I would advise you to read mortgagee letter 2008-22<br><br>Only streamline FHA refis carry UFMIP of 1.5%, if you are buying a home it will be1.75% and 3% for FHA secure<br><br>The monthly amount of MIP on a 30 year fixed with <95 LTV is .50, when putting down 3% you are going to be paying .55% You are wrong about the new mortgage insurance changes. I would advise you to read mortgagee letter 2008-22

Only streamline FHA refis carry UFMIP of 1.5%, if you are buying a home it will be1.75% and 3% for FHA secure

The monthly amount of MIP on a 30 year fixed with <95 LTV is .50, when putting down 3% you are going to be paying .55%

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